Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.
I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .
What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.
Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.
While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.